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The Wamek Support and Resistant (WSR) Indicator is a remarkable tool that stands out in the world of technical analysis. It sets itself apart by cleverly combining price action and leading indicators to delineate support and resistance levels with a high degree of accuracy. Its unique feature is its adaptability; users can fine-tune the indicator by adjusting input parameters, enabling them to create customized support and resistance levels that suit their trading strategies. Notably, one of WSR's most attractive qualities is its non-repainting nature, meaning once it identifies a level as support or resistance, it maintains that classification.

To consider a price level as either support or resistance in real-time, WSR recommends waiting for a minimum of four price points to form around that level. This prudent approach ensures that the support or resistance is more robust and less prone to false signals. When such a level has been established, traders are advised to be patient and wait for price action to retest it.

The WSR Indicator's present offering is even more enticing, as it currently enjoys a substantial 40% discount. This limited-time opportunity invites traders to seize the advantage of this cutting-edge indicator at a reduced cost. Now is the opportune moment to leverage the distinct capabilities of the WSR Indicator and elevate your trading endeavors to new heights.

 

Now, let's delve deeper into how the Wamek Support and Resistant Indicator can significantly enhance your trading experience:

Reliability at its Core:

WSR instills confidence in traders by providing dependable support and resistance levels. The algorithm's ability to analyze both historical data and current price action enables it to generate levels that are more likely to hold up in the face of market volatility. This reliability is invaluable to traders looking to make informed decisions in a constantly changing market environment. It eliminates the need for guesswork and minimizes the risks associated with trading blind.

Tailored to Your Strategy:

What truly sets WSR apart is its adaptability. By adjusting the input parameters, traders can fine-tune the indicator to align with their specific trading strategies. Whether you're a day trader looking for short-term support and resistance levels or a swing trader with a longer time horizon, WSR can be customized to cater to your unique needs. This versatility empowers traders to refine their strategies and make more informed decisions.

To cater to individual preferences, the WSR Indicator extends the privilege of altering color codes. This customization feature allows traders to align the indicator's visual representation with their personal aesthetics and preferences, fostering a more immersive and user-friendly experience.

Across Various Markets:

WSR's capabilities are not limited to a specific asset class. It is equally effective when applied to currencies, commodities, stocks, and cryptocurrencies. This versatility ensures that traders can utilize WSR across a wide range of financial markets, making it a valuable tool for those with diverse investment portfolios. Whether you're trading the highly liquid forex market or the volatile world of cryptocurrencies, WSR can help you identify key support and resistance levels to inform your trading decisions.

 

 

Default Setting:

The default setting of WSR's input parameter is RSperiod=7. This setting can serve as a good starting point for many traders, providing a balanced approach to identifying support and resistance levels. However, it's essential to remember that customization is the key to unlocking the full potential of this indicator. Traders should experiment with different input values to fine-tune WSR to their specific trading goals and timeframes.

 

In conclusion, the Wamek Support and Resistant Indicator is a versatile and powerful tool that can significantly enhance your trading experience. Its ability to combine price action and leading indicators to identify support and resistance levels, along with its flexibility in adapting to various trading strategies and asset classes, makes it an asset for traders seeking reliable and customized insights into the market. Whether you're a novice or an experienced trader, WSR has the potential to be a game-changer in your trading toolkit. So, consider incorporating it into your trading strategy and watch how it can release you from the stress of hunting for support and resistance levels, ultimately leading to more informed and profitable trades.


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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Cycle Sniper
Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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PZ TRADING SLU
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Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (25)
Presentazione       Quantum Breakout PRO   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui scambi le zone di breakout! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,   Quantum Breakout PRO   è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. Quantum Breakout Indicator ti fornirà frecce di segnalazione sulle zone di breakout con 5 zone target di prof
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
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The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.
FREE
The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.
FREE
Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative.  It suggests that buying volume is dominating, and
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The Scaled Awesome Oscillator (SAO) represents a refined adaptation of the Awesome Oscillator, aimed at establishing consistent benchmarks for identifying market edges. Unlike the standard Awesome Oscillator, which records the variation in pips across different commodities, the only unchanging reference point is the zero line. This limitation hampers investors and traders from pinpointing specific levels for trend reversals or continuations using the traditional Awesome Indicator, a creation of
FREE
The Scaled Awesome Oscillator (SAO) represents a refined adaptation of the Awesome Oscillator, aimed at establishing consistent benchmarks for identifying market edges. Unlike the standard Awesome Oscillator, which records the variation in pips across different commodities, the only unchanging reference point is the zero line. This limitation hampers investors and traders from pinpointing specific levels for trend reversals or continuations using the traditional Awesome Indicator, a creation of
FREE
Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative. It suggests that buying volume is dominating, a
FREE
MT4 Indicator Get ahead of the curve with the Wamek Trend Consult indicator . Designed to identify early and continuation trends, this powerful tool empowers traders to enter the market at precisely the right moment, utilizing powerful filters to reduce the number of fake out signals and improve the accuracy of your trades. By precisely analyzing market trends and filtering out false signals, using its advanced algorithms and unparalleled accuracy, the Trend Consult indicator provides traders wi
Presentiamo BreakOut Consult, lo strumento rivoluzionario che porterà il tuo trading al livello successivo! Il nostro algoritmo all'avanguardia combina più trend e oscillatori per generare segnali di acquisto e vendita precisi, rendendolo uno strumento potente per qualsiasi trader. Con BreakOut Consult, è possibile identificare facilmente le rotture di mercato con l'aiuto del nostro canale dinamico, che utilizza livelli di resistenza e supporto per rilevare le rotture. Il nostro algoritmo rilev
Elevate Your Trading Experience with Wamek Trend Consult!   Unlock the power of precise market entry with our advanced trading tool designed to identify early and continuation trends. Wamek Trend Consult empowers traders to enter the market at the perfect moment, utilizing potent filters that reduce fake signals, enhancing trade accuracy, and ultimately increasing profitability.   Key Features: 1. Accurate Trend Identification: The Trend Consult indicator employs advanced algorithms and unparall
Presentiamo BreakOut Consult, lo strumento rivoluzionario che porterà il tuo trading al livello successivo! Il nostro algoritmo all'avanguardia combina più trend e oscillatori per generare segnali di acquisto e vendita precisi, rendendolo uno strumento potente per qualsiasi trader. Con BreakOut Consult, è possibile identificare facilmente le rotture di mercato con l'aiuto del nostro canale dinamico, che utilizza livelli di resistenza e supporto per rilevare le rotture. Il nostro algoritmo rilev
ReSu mt5
Daniel Opoku
The Wamek Support and Resistant (WSR) Indicator is a remarkable tool that stands out in the world of technical analysis. It sets itself apart by cleverly combining price action and leading indicators to delineate support and resistance levels with a high degree of accuracy. Its unique feature is its adaptability; users can fine-tune the indicator by adjusting input parameters, enabling them to create customized support and resistance levels that suit their trading strategies. Notably, one of WSR
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Versione 2.0 2023.11.18

We are excited to announce the release of update version 2.00 for our trading indicator. This update brings significant improvements to enhance your trading experience.

Key highlights of version 2.00:

1. Improved Candlestick Representation: We have corrected the single points form on each candle, providing a more accurate and refined visualization. This enhancement ensures that the indicator precisely captures the market movements, offering you a clearer perspective on price action.

2. Enhanced Support and Resistance Area Development: Our team has worked diligently to optimize the development of support and resistance areas. Now, when the conditions for support or resistance occur, the indicator intelligently adapts, providing you with a more comprehensive understanding of the instrument it is attached to. This feature empowers traders by offering valuable insights into key market levels.

3. Bug Fixes: In addition to the substantial improvements mentioned above, version 2.00 includes fixes for minor errors in the code. These corrections contribute to the overall stability and reliability of the indicator, ensuring a smoother and more accurate analysis of market dynamics.

We believe that these updates will significantly elevate the performance and functionality of our trading indicator. Your feedback has been invaluable in shaping these improvements, and we are committed to continually enhancing our product to meet your evolving needs.

Thank you for choosing our indicator for your trading journey. We look forward to your continued success.